SimCorp A/S – Share buyback program

On 27 February 2017 SimCorp A/S announced a share buyback program in compliance with the provisions of Regulation No. 596/2014 of the European Parliament and of the Council on market abuse (the Market Abuse Regulation - MAR) and delegated legislation under MAR.

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In connection with the program SimCorp A/S will repurchase shares for an amount of up to EUR 17.5m (approx. DKK 130.4m) in the period from 27 February 2017 to 23 August 2017.

The following transactions have been executed under the program:  

Date

 

Number of shares

Average
purchase price
(DKK per share)

Amount (DKK)

Accumulated under the program as of last announcement:

22,100

389.09

8,598,875

6 March 2017

4,300

392.84

1,689,212

7 March 2017

4,200

394.62

1,657,404

8 March 2017

4,000

394.93

1,579,720

9 March 2017

3,500

395.27

1,383,445

10 March 2017

3,500

397.86

1,392,510

Accumulated under the program following above purchases:

41,600

391.85

16,301,166

 

Following above purchases, SimCorp holds 1,882,697 treasury shares corresponding to 4.5% of the share capital.

Purchases for an amount of EUR 15.3m (approx. DKK 114.0m) remain to be executed under the program.

Share repurchase specification

Enquiries regarding this announcement should be addressed to:

Anders Hjort, Head of Investor Relations, SimCorp A/S (+45 3544 8822, +45 2892 8881)

Company Announcement no. 05/2017